$9,855 Closing Credit*
$829,900
4,500 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: RE/MAX PREFERRED PROFESSIONALS
Is Asbury, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Asbury was a Neutral Market.
Key Takeaway
Asbury is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Asbury, NJ
How much do homes in Asbury, NJ cost?
Median Sold Price
$536,582
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$86,682(+19.3%)
Key Takeaway
Homes in Asbury have sold for 19.3% more than they did a year ago.
Summary: The median home sold price in Asbury was $536,582 in November 2024, up 19.3% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $305K | N/A |
| 2 Bedrooms | $250K | $305K | +22.0% |
| 3 Bedrooms | $390K | $475K | +21.8% |
| 4 Bedrooms | $655K | $791K | +20.8% |
| 5+ Bedrooms | $626K | $1.2M | +91.7% |
Summary: Asbury housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22%, 3 bedroom homes increased by 21.8%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes increased by 91.7%.
Median Sold Price Compared To Nearby Cities
| Franklin Township | $309K | $385K | +24.6% |
| Asbury | $449.9K | $536.5K | +19.3% |
| Hampton | $510K | $603.5K | +18.3% |
| Bethlehem Township | $537.6K | $602.2K | +12.0% |
| Union Township | $510K | $540K | +5.9% |
Housing Supply in Asbury, NJ
How many homes are available in Asbury, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 22 | -12.0% |
Summary: The Asbury real estate market had 22 homes for sale in November 2024, a 12.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 13 | 12 | -7.7% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Asbury housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Asbury, you could pay more than the asking price. 83.3% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Asbury in November 2024, up by 20.0% month-over-month. Of the 6 sold homes, 0% were sold under asking, 17% were sold at asking, and 83% were sold over asking.
Days on Market for Asbury, NJ
We’re sorry, we don't have information for this market at the moment
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
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